TwentyFour Income (LON:TFIF) Hits New 1-Year High – What’s Next?

Shares of TwentyFour Income (LON:TFIFGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as GBX 113.40 ($1.43) and last traded at GBX 111.40 ($1.41), with a volume of 993195 shares traded. The stock had previously closed at GBX 112 ($1.41).

TwentyFour Income Trading Up 0.9 %

The stock has a market capitalization of £841.34 million and a P/E ratio of 0.97. The company has a 50-day moving average price of GBX 108.60 and a two-hundred day moving average price of GBX 106.32.

TwentyFour Income Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, January 16th were issued a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 1.84%. TwentyFour Income’s payout ratio is currently 8.63%.

About TwentyFour Income

(Get Free Report)

TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.

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